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Panama

Panama is the safest and most developed country in Central America. Thanks to the construction of the Panama Canal, the country experienced a strong economic boom and is now considered an important trade destination. Tourists also get their money’s worth thanks to the numerous natural sights and the capital Panama City.

Best Time to Visit

Winter between December and March is the best time for a trip to Panama. This is the dry season where temperatures are moderate and humidity relatively low. However, you should be aware that prices are significantly higher at this time of year. On the Caribbean (East) coast the weather is always a bit rainy and warmer than on the Pacific (West) coast of the country. From May to November there can be strong tropical storms with high wind speeds and massive amounts of precipitation.

Immigration & Visa Requirements

Most EU citizens do not need a visa for tourist stays of up to 180 days and can enter with a passport. Please note that in some cases a return flight ticket or a certificate of onward travel is required on entry. Consult with your country’s state department or ministry of foreign affairs for the exact regulations.

Currency

The national currency of Panama is the Balboa (PAB). It is anchored 1:1 to the US Dollar exchange rate (USD), i.e. one Balboa is always equal to one US Dollar. Many credit cards may charge a foreign currency fee of up to 2% for payment in Balboa or Dollars. Credit cards are accepted relatively widely, and the US Dollar is virtually as widespread as the Balboa.